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Texas · Nonprofit

NATIONAL MATH & SCIENCE INITIATIVE INC

NATIONAL MATH & SCIENCE INITIATIVE INC (Texas) receives grants from 42 organizations whose IRS filings report $10,066,028 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($3,520,000). 16 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$13M
Funders on record
42
Grants received
$10M
Net assets
$25M
16/42 repeat funderspeak grant-dependency 7%
01What it does

What National Math & Science Initiative Inc does

Mission

Nmsi's mission is to advance stem education to ensure all students, especially those furthest from opportunity, thrive and reach their highest potential as problem solvers and lifelong learners who pursue their passions and tackle the world's toughest challenges.

As stated on its FY2024 Form 990.

Programs

  1. The college readiness program is a comprehensive approach that increases teacher effectiveness and student achievement through training, teacher and student support, open enrollment, and awards. The program dramatically increases the number of students taking and passing ap math, science, and english exams, and expands access to traditionally under -represented students.

    $8,498,394 spent$777,514 earned by the program
    72% of program spending
  2. Laying the foundation is a three-year teacher training program for teachers of grades 3-12, which gives math, science, and english teachers content-based, pedagogy-driven, teacher-to-teacher training. The program helps educators with teaching strategies and content knowledge that increase rigor in the classroom.

    $2,551,086 spent$329,010 earned by the program
    22% of program spending
  3. The aligned program supports districts. Allowing them to implement a comprehensive stem pathway in grades k-12, which includes curriculum integration and professional development.

    $561,739 spent$366,733 earned by the program
    5% of program spending
  4. Nmsi's teacher pathways program transforms the way universities prepare teachers. Developed at the university of texas at austin to transform the way colleges and universities recruit, prepare, and inspire new math and science teachers, this program recruits math and science undergraduate majors to pursue a teaching career.

    $197,365 spent
    2% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $11,808,584.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($36M) Expenses 100 ($41M) Net assets 100 ($44M)2018 Revenue 97 ($35M) Expenses 112 ($46M) Net assets 76 ($34M)2019 Revenue 112 ($41M) Expenses 110 ($45M) Net assets 66 ($29M)2020 Revenue 91 ($33M) Expenses 89 ($37M) Net assets 58 ($26M)2021 Revenue 72 ($26M) Expenses 66 ($27M) Net assets 55 ($24M)2022 Revenue 48 ($18M) Expenses 52 ($21M) Net assets 47 ($21M)2023 Revenue 77 ($28M) Expenses 54 ($22M) Net assets 62 ($27M)2024 Revenue 37 ($13M) Expenses 41 ($17M) Net assets 56 ($25M)
'17'18'19'20'21'22'23'24
Revenue (37)Expenses (41)Net assets (56)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $48M to $38M (−22%).

$48M
$38M
$32M
$29M
$26M
$23M
$28M
$25M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 35% · 2018 49% · 2019 54% · 2020 52% · 2021 62% · 2022 45% · 2023 34% · 2024 39%. Grants only. Government contracts and fees sit inside program revenue.

87% of NATIONAL MATH & SCIENCE INITIATIVE INC’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 7 of the last 8 reported years ran a deficit.

−$4.9M
’17
−$11M
’18
−$4.6M
’19
−$3.7M
’20
−$1.2M
’21
−$4.0M
’22
$5.7M
’23
−$3.5M
’24
0.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jeremy Anderson

CEO

Board chair

Dr Shirley Malcom

Chair

As listed on its FY2024 Form 990.

2017201820192020202120222024
Listed21201920222418
Joined·+6+9+9+6+8·
No longer listed·710846·
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 7 funders, grant income fell $2.0M → $1.4M.

14 of 42 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 62% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of NATIONAL MATH & SCIENCE INITIATIVE INC’s funders (the co-funder graph). Top 30 of 42 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

NATIONAL MATH & SCIENCE INITIATIVE INC has a broad base — no single funder exceeds 35% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NATIONAL MATH & SCIENCE INITIATIVE INC.

35%
largest funder
62%
top three
~6
effective funders

Largest funder’s share by year: 2017 52% · 2018 91% · 2019 61% · 2020 31% · 2021 72% · 2022 27% · 2023 47% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

27% of NATIONAL MATH & SCIENCE INITIATIVE INC's funders are still giving 3 years after their first grant; 38% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

62% of NATIONAL MATH & SCIENCE INITIATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.8M that is directly attributable, 80% of it comes from funders outside Texas, across 15 states.

MN
NY
MA
NV
OH
PA
NJ
CT
CA
KY
VA
DC
LA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. $6.3M arriving through sponsors registered in 10 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

NATIONAL MATH & SCIENCE INITIATIVE INC's revenue fell 63% between 2017 and 2024.

Operating margin−26% · bottom quartile
Months of reserve0.4mo · bottom quartile
Revenue growth (annualized)−13% · bottom quartile

this organization peer median middle 50% of peers· 4,065 education nonprofits $10M–$100M, FY2024

Government funding NATIONAL MATH & SCIENCE INITIATIVE INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $33.7M on record.

Federal$33.7M
grants $33.7Mcontracts $0
17
18
19
20
22
Top agencies
  • Department of Defense$19.4M
  • Department of Education$14.1M
  • National Science Foundation$239k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like NATIONAL MATH & SCIENCE INITIATIVE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 19%Fundraising 11%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

69%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 8 states

MI
NY
PA
CA
VA
AL
GA
TX

Screen this organization

A dated, signed PDF of the compliance screen for NATIONAL MATH & SCIENCE INITIATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds NATIONAL MATH & SCIENCE INITIATIVE INC?
NATIONAL MATH & SCIENCE INITIATIVE INC (Texas) receives grants from 42 organizations whose IRS filings report $10,066,028 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($3,520,000). 16 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does NATIONAL MATH & SCIENCE INITIATIVE INC have?
IRS filings report 42 organizations giving $10,066,028 in grants to NATIONAL MATH & SCIENCE INITIATIVE INC, 16 of which have funded it in more than one year.
Who is the largest funder of NATIONAL MATH & SCIENCE INITIATIVE INC?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $3,520,000 in grants. The full list of funders is on this page.
How can an organization like NATIONAL MATH & SCIENCE INITIATIVE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 42 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing